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Linn Energy, LLC (LINE) Message Board

wedgemahalo 478 posts  |  Last Activity: Apr 19, 2015 7:11 PM Member since: Jan 14, 2009
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  • Reply to

    TPP agreement impact on natural gas

    by wedgemahalo Apr 17, 2015 9:25 AM
    wedgemahalo wedgemahalo Apr 19, 2015 7:11 PM Flag

    Conspiracy theories? If we export natural gas - we need to build platforms, more wells drilled, reduced trade deficit, and more ship building. Winner all around.

    Sentiment: Buy

  • My understanding is that the Trans Pacific Trade agreement that is getting fast track approval from Congress will be a huge plus for exporting natural gas (the anti-fracking groups are up in arms about it). Anyone else familiar with it, and has anyone seen it linked to benefits for MLPs?

    Sentiment: Buy

  • Reply to

    J&J

    by soozanie Mar 5, 2015 2:33 PM
    wedgemahalo wedgemahalo Mar 5, 2015 4:55 PM Flag

    go back and read about JNJ and Boston Scientific's war to buy Guidant. Boston Scientific won the bidding war, and then lost their shirt. Different situation in the liability they picked up unknowingly, and JNJ got lucky - but they know very well not to get into wars. In this case, JNJ is already getting the benefit from sales they already own the rights to.....Perfect case of not knowing when to sell for anyone that has made money on this and keeps trying to get more. My biggest problem now is figuring out where to invest all the money I made on this....

    Sentiment: Sell

  • Nothing is ever 100% certain - but in this case, is there any reason not to sell all of it today at any price close to $261 (AbbVie price)? Very happy share holder on this end (bought in from $70 - $120 over the past year or so. If only I did not get crushed with my energy MLPs this past 6 months!!!

    Sentiment: Sell

  • All that matters in the ed is making money or not - but with the SEC closing the investigation it is indeed incredibly frustrating as a long term owner what has happened over the past 3 years. Lies, shorts with vested interests in ownership, manipulation, etc. Think of the extra money needed for the Berry acquisition all because of rumors and poor analysis and manipulation.....

    Sentiment: Strong Buy

  • Go look at LINE in 2008 and 2009. Oil tumbled to lower than these rates - whole world in a much worse recession.....LINE NEVER cut its dividend and came roaring back. I expect that oil will not climb as fast this time - but the demand for oil is already greater than in '09 and '10.......

    Sentiment: Strong Buy

  • wedgemahalo by wedgemahalo Dec 1, 2014 1:13 PM Flag

    People scream and scream and scream - when the fact is it really is as simple as buy low, sell high. This is a steal. An incredible yield - great long term - stable company. Yes - hedgeeye did it in last year - even though it all proved false - and now people fear the drop in oil. With the price this low - and the yield this high - it is practically guaranteed......People need to learn to welcome these big moves up or down. They are the clearest buy and sell signs in the world.......

    Sentiment: Strong Buy

  • Reply to

    Is the price drop because of shorting or selling?

    by dlw2244 Nov 13, 2014 10:13 AM
    wedgemahalo wedgemahalo Nov 13, 2014 11:28 AM Flag

    This stock is routinely attacked and mis-understood. Today people are trading it as a pure oil play and seeing the price drops for oil - they sell. They ignore not only the full assets, but also hedging contracts. They also ignore a company that has paid a dividend as promised even through the financial crisis when the yield surpassed 15%. It is now at 12%. It was brutally shorted by Hedgeye and very shady reporting in Barrons the past 2-3 years - and it all turned out to be b.s. For the past 3 years I sell up to 50% of my shares after any 20% gain and I buy on days like this when it has large drops that have nothing to do with their business performance.

    Sentiment: Buy

  • Reply to

    Buy low, sell high

    by wedgemahalo Oct 22, 2014 10:28 AM
    wedgemahalo wedgemahalo Oct 22, 2014 10:29 AM Flag

    Note - 20% gain in 5 days.....not too shabby......

    Sentiment: Buy

  • wedgemahalo by wedgemahalo Oct 22, 2014 10:28 AM Flag

    Amazing how most people know what to do, but emotionally do the opposite. When this tanked - there was no reasonable explanation for the size of the drop. You have a company that does not miss a GREAT dividend payout (even during the worst financial crisis of the past 50 years) and people pummel the price because oil prices drop?!?!? Thanks for the buying opportunity.

    Sentiment: Buy

  • wedgemahalo by wedgemahalo Oct 21, 2014 9:43 AM Flag

    I love when the market goes down for fear - and then particular stocks go down even more for absolutely no reason. Makes the pickings easy. Now on a day like this after buying under $20 - I take a bit off for profit. So many stupid people buy high and sell low. Thank you bears!!!

    Sentiment: Buy

  • wedgemahalo by wedgemahalo Oct 13, 2014 11:45 AM Flag

    As much as I hate manipulation - and thingk too many people cry manipulation too often - this really is weird. Look how LINE has NEVER cut dividend - - even in the depths of the recession. Look at the assets acquired and assets sold. Now at an 11.5% yield. Absolutely maddening - but learned my lesson the last time with Hedgeye and Barrons --- accumulate when drops like this occur, and sell of profits when it inevitably returns to normal......

    Sentiment: Buy

  • wedgemahalo wedgemahalo Aug 13, 2014 10:05 AM Flag

    Yesterday was a classic oversell - capitulation. Look at the volume - completely insane. I bought end of day (I have a long position which has done me very well, and sold off on big jumps - sadly was about to sell more when it was up in the morning, but was too slow). The numbers came in and are known, and this is clearly an overreaction by those that were hoping this was the next Michael Kors. As shown today - there was a rise that had to come - and I expect it to settle into the low 30's

    Sentiment: Buy

  • wedgemahalo by wedgemahalo May 5, 2014 12:31 PM Flag

    I have ben wrong on this stock for the last several months - I admit it. But the idea that they blew past earnings by such a wide margin and went down on "guidance" is absurd. This product has yet to receive anything but good news since launch - and is being used without hesitation in the oncology community. I can admit to being wrong on the stock price given how beaten down all of biotech has been this past 1-2 months - but from absolutely any fundamental stand-point this is a screaming buy.....

    Sentiment: Strong Buy

  • Buy low, sell high is very different from buy at the lowest point and sell at the highest point. You make money when you buy on these drops - particularly when the drop is related to an "industry" or "sector" trend and not related to the company and its own operations. The people selling at this level (beyond those that trade daily and weekly) will lose in the longer term....

    Sentiment: Strong Buy

  • Nothing goes straight up forever......Buy low, sell high......The people that made huge sums of money are people that had cash on hand in 2008/2009 and bought completely undervalued companies. It was like shooting fish in a barrel. Now you have an opportunity to buy this stock at a price that it was selling for when they had no approved products on the market. As for when to sell (at least a portion of any stock) when a ton of buy recommendations come in - you need to sell in the few days right after that. When too many people recommend a stock, that means it immediately gets flooded with buyers, stock gets a bump that day or so, and then drops (and those that bought at the peak get #$%$ and sell even more into the decline).

    Sentiment: Buy

  • Reply to

    What am I missing here ?

    by krazybon913 Apr 2, 2014 1:17 PM
    wedgemahalo wedgemahalo Apr 2, 2014 1:48 PM Flag

    NO worries - the drop completely coincides with the drop in biotech overall. When sales are announced , it will go up significantly. The price now is about where it was BEFORE approvals. No way to justify the current price here when it is on the market, doing well, especially with a CLL approval. Rare to get a chance at a biotech with such little downside.

    Sentiment: Buy

  • 'Nuff said.....that means potentially $8 - $10 billion the first year of launch - simply unheard of in the industry.....

    Sentiment: Buy

  • Reply to

    Another Fun Day as a PCYC Investor

    by maxcoatinc Mar 24, 2014 9:55 AM
    wedgemahalo wedgemahalo Mar 24, 2014 10:45 AM Flag

    REGN, Intercept, GILD, Celgene all down. This is a gift on low volume!!!

  • People here in the office want to know why I am smiling - and I tell them it's because I just made the easiest money ever. Loaded up on more during the last drop below $130 - was SHOCKED it happened post-approval.

    Sentiment: Buy

LINE
11.25-0.26(-2.26%)May 26 4:00 PMEDT